Summary
BNP Paribas Fortis Factor is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €182.94M and a net result of €49.36M. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 6% of 2777 sector peers (fiscal year 2024). The company has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 2777 sector peers (2024).
NBB · sector comparisonPosition among 2777 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
33 d early
2022
3 d early
2021
194 d late
2020
31 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Equity
€182.94M▲ 8.5%
2023 · €168.56M
2018: €96.38M
2019: €103.42M
2020: €103.39M
2021: €130.32M
2022: €167.56M
2023: €168.56M
2018 → 2024
Net result
€49.36M▲ 62.1%
2023 · €30.45M
2018: €33.52M
2019: €33.16M
2020: €32.14M
2021: €63.34M
2022: €53.84M
2023: €30.45M
2018 → 2024
Total assets
€9.12B▲ 4.0%
2023 · €8.77B
2018: €4.41B
2019: €4.59B
2020: €5.03B
2021: €6.44B
2022: €8.29B
2023: €8.77B
2018 → 2024
Solvency
2.0%▲ 0.1pp
2023 · 1.9%
2018: 2.2%
2019: 2.3%
2020: 2.1%
2021: 2.0%
2022: 2.0%
2023: 1.9%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€30.80M-€34.62M▲ 12.4%€41.58M▲ 20.1%€47.26M▲ 13.7%€47.77M▲ 1.1%
Equity€103.39M-€130.32M▲ 26.0%€167.56M▲ 28.6%€168.56M▲ 0.6%€182.94M▲ 8.5%
Operating result€31.44M-€39.88M▲ 26.8%€49.43M▲ 24.0%€47.69M▼ 3.5%€47.87M▲ 0.4%
Net result€32.14M-€63.34M▲ 97.1%€53.84M▼ 15.0%€30.45M▼ 43.4%€49.36M▲ 62.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 0% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.12B
Fixed assets
€43.40M ▼ 12.7%
Current assets
€9.08B ▲ 4.1%
Equity and liabilities €9.12B
Equity
€182.94M ▲ 8.5%
Provisions
€132k =
Debt
€8.94B ▲ 3.9%
Debt's share of the balance-sheet total falls from 98.1% to 98.0%. Equity and debt are higher.
Key figures and ratios
ROE
27.0%▲
2023 · 18.1%
ROA
0.5%▲
2023 · 0.3%
Debt ≤ 1 year
€8.91B▲
2023 · €8.57B
Debt > 1 year
€271k▼
2023 · €285k
Income taxes
€13.17M▲
2023 · €12.70M
Staff costs
€18.04M▲
2023 · €17.46M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 80 lines
Balance sheet
Code20232024
Assets
Total assets20/58€8.77B€9.12B▲
Fixed assets21/28€49.71M€43.40M▼
Intangible fixed assets21€2.43M€1.78M▼
Tangible fixed assets22/27€755k€685k▼
Land and buildings22€481k€410k▼
Plant, machinery and equipment23€49k€91k▲
Furniture and vehicles24€225k€184k▼
Financial fixed assets28€46.53M€40.93M▼
Affiliated companies280/1€46.53M€40.93M▼
Participating interests280€46.53M€40.93M▼
Other financial fixed assets284/8€248€248=
Shares284€248€248=
Current assets29/58€8.72B€9.08B▲
Amounts receivable within one year40/41€8.67B€9.03B▲
Trade receivables40€8.66B€9.03B▲
Other amounts receivable41€4.15M€886k▼
Cash at bank and in hand54/58€48.74M€43.93M▼
Deferred charges and accrued income490/1€2.23M€1.78M▼
Equity and liabilities
Total equity and liabilities10/49€8.77B€9.12B▲
Equity10/15€168.56M€182.94M▲
Contributions10/11€15.53M€15.53M=
Capital10€15.53M€15.53M=
Issued capital100€15.53M€15.53M=
Outside capital11€513€513=
Share premium1100/10€513€513=
Reserves13€18.22M€18.22M=
Non-distributable reserves130/1€1.57M€1.57M=
Legal reserve130€1.55M€1.55M=
Other1319€13k€13k=
Tax-exempt reserves132€3.08M€3.08M▲
Distributable reserves133€13.57M€13.57M=
Profit (loss) carried forward14€134.81M€149.19M▲
Provisions and deferred taxes16€132k€132k=
Provisions for liabilities and charges160/5€132k€132k=
Other liabilities and charges164/5€132k€132k=
Amounts payable17/49€8.60B€8.94B▲
Amounts payable after more than one year17€285k€271k▼
Financial debts170/4€285k€271k▼
Credit institutions173€285k€271k▼
Amounts payable within one year42/48€8.57B€8.91B▲
Financial debts43€5.20B€5.65B▲
Credit institutions430/8€5.20B€5.65B▲
Trade debts44€3.32B€3.22B▼
Suppliers440/4€3.32B€3.22B▼
Taxes, remuneration and social security45€12.31M€6.42M▼
Taxes450/3€8.46M€2.63M▼
Remuneration and social security454/9€3.85M€3.79M▼
Other amounts payable47/48€39.60M€43.14M▲
Accrued charges and deferred income492/3€28.16M€25.87M▼
Income statement
Code20232024
Operating income70/76A€291.17M€314.00M▲
Turnover70€47.26M€47.77M▲
Other operating income74€243.90M€266.23M▲
Non-recurring operating income76A€496€751▲
Operating charges60/66A€243.48M€266.13M▲
Services and other goods61€35.80M€39.36M▲
Remuneration, social security and pensions62€17.46M€18.04M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.82M€1.52M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€921k€-319k▼
Other operating charges640/8€187.47M€207.53M▲
Operating profit (loss)9901€47.69M€47.87M▲
Financial income75/76B€25.50M€15.87M▼
Recurring financial income75€25.50M€15.87M▼
Income from financial fixed assets750€25.49M€15.76M▼
Other financial income752/9€10k€112k▲
Financial charges65/66B€30.03M€1.21M▼
Recurring financial charges65€434k€-86k▼
Other financial charges652/9€434k€-86k▼
Non-recurring financial charges66B€29.60M€1.30M▼
Profit (loss) for the period before taxes9903€43.15M€62.53M▲
Income taxes67/77€12.70M€13.17M▲
Taxes670/3€12.70M€13.17M▲
Profit (loss) for the period9904€30.45M€49.36M▲
Transfer from tax-exempt reserves789€2.91M€991k▼
Transfer to tax-exempt reserves689€998k€998k=
Profit (loss) for the period to be appropriated9905€32.36M€49.36M▲
Appropriation of the result
Profit (loss) to be appropriated9906€164.26M€184.17M▲
Profit (loss) brought forward from the previous period14P€131.90M€134.81M▲
Profit to be distributed694/7€29.45M€34.98M▲
Return on contributions (dividend)694€29.45M€34.98M▲
Social balance
Average headcount (FTE)9087187.9196.0▲
The notes to these accounts (68 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €30.45M ▼43.4%
Net result drops to €30.45M, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 194 days late
2021
31-12
Financial
Highest result since 2018net €63.34M ▲97.1%
Net result €63.34M, the highest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €100MEq €103.42M ▲7.3%
2 profitable years in a row build equity to €103.42M.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 94 days late
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
32 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 2 establishment units since 1974
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Warandeberg 31000 BrusselGround area
2.3 ha
Building footprint
1.7 ha
Volume, LiDAR
315,188 m³
3 parcels, Brussels, Flanders · tallest building 40.4 m, ±11 floors. Linked by address, not a title deed.
2 establishment units
BNP Paribas Fortis Factor
since 19742.009.907.603
BNP Paribas Fortis Factor
since 20122.211.243.672
3 parcels
Flanders
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D0744/00T000 | Brussels | 1.1 ha | 1 · 7,675 m² | 40.4 m · 11 fl. |
| 13454R0624/00A002 | Flanders | 6,615 m² | 1 · 4,734 m² | 18.4 m |
| 24062A0838/00D000 | Flanders | 4,547 m² | 1 · 4,389 m² | 24.4 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
2 parent companiesControl over this companyparent company per the LEI register2
Brussel
BNP PARIBAS
Paris, France · indirect
controls
BNP Paribas Fortis FactorBE 0414.392.710
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 69,428 EUR awarded · 69,428 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 30,785 EUR | 30,785 EUR |
| 2024 | 2 | 9,575 EUR | 9,575 EUR |
| 2023 | 1 | 11,125 EUR | 11,125 EUR |
| 2022 | 3 | 17,943 EUR | 17,943 EUR |
Schemes
Individueel Maatwerk
Vlaams opleidingsverlof (VOV)
Werkbaarheidscheque (stopgezet)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Legal Entity Identifier
529900WPR59SSV2AOJ29
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Of 29 companies in sector 64923 we hold annual accounts for 19. 5 are within a factor 10 of this equity. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-05-1974
Fiscal year end31-12
Abbreviation NL
BNPPFF
Activities, NACEBEL 2025
64923Financial service activities, except insurance and pension funding
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+32 14 405 411